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Baker Hughes, a GE Company Announces May 2018 Rig Counts

Posted by OilVoice Press - OilVoice

10-Jun-2018

investors.bhge.com/news-releases/news-release-deta...

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for May 2018 was 967, down 11 from the 978 counted in April 2018, and up 10 from the 957 counted in May 2017. The international offshore rig count for May 2018 was 198, up 4 from the 194 counted in April 2018, and down 4 from the 202 counted in May 2017.

The average U.S. rig count for May 2018 was 1,046, up 35 from the 1,011 counted in April 2018, and up 153 from the 893 counted in May 2017. The average Canadian rig count for May 2018 was 83, down 15 from the 98 counted in April 2018, and down 2 from the 85 counted in May 2017.

The worldwide rig count for May 2018 was 2,096, up 9 from the 2,087 counted in April 2018, and up 161 from the 1,935 counted in May 2017.

May 2018 Rig Counts

                            
    

 

 

May 2018

      

 

 

April2018

   

 

 

May2017

    Land Offshore Total   

Month
Variance

  Land Offshore Total   Land Offshore Total
                            
Latin America   150 24 174   -15  163 26 189   155 35 190
Europe   52 28 80   -8  54 34 88   60 35 95
Africa   77 17 94   0  79 15 94   69 15 84
Middle East   353 48 401   3  355 43 398   350 41 391
Asia Pacific   137 81 218   9  133 76 209   121 76 197
International   769 198 967   -11  784 194 978   755 202 957
                            
United States   1,026 20 1,046   35  995 16 1,011   871 22 893
Canada   80 3 83   -15  95 3 98   83 2 85
North America   1,106 23 1,129   20  1,090 19 1,109   954 24 978
                            
Worldwide   1,875 221 2,096   9  1,874 213 2,087   1,709 226 1,935
                            



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